Upstream raw material market overall situation of weak toluene continued decline, the week showing a small “V” trend. At the beginning of the week the international crude oil futures were mixed and the overall volatility fell, Asian toluene Market Volatility also fell, suppress domestic market confidence.

The downstream manufacturers most obvious loss of conflict, downstream users stay hands pre low inventory, high raw materials prices to attract part of the downstream factories choose to sell raw materials to profit, and expect the market to pull through short rational level. None of the low price of large single real talks. With the price negotiations around the market appeared frequently, to suppress the market continues upward atmosphere, industry mentality is loose.

Last week, the domestic TDI market stalemate consolidation, inside the deserted spot near the weekend, see the thicker atmosphere, the industry outlook is optimistic attitude. Middlemen without inventory pressure, the cost of supporting the offer stability intention. However, at low supply more profit selling price continue to let negotiations are frequent, obvious impact on the market. Downstream users bearish outlook, market access disk positive real single poor, poor turnover. The parties to the game, waiting for further news guidelines, expected short-term TDI market vulnerable to run.